Venus Price

Venus is an innovative DeFi protocol that combines stablecoin minting and algorithmic money markets. Its primary goal is to facilitate fast loans with minimal transaction fees while ensuring users remain over-collateralised. The platform enables users to mint VAI, a stablecoin pegged to the US dollar, while also providing an infrastructure for lending and borrowing numerous cryptocurrencies.

What sets Venus apart from conventional lending systems is its decentralisation and reliance on smart contracts, fostering an environment of trust and transparency devoid of any central authority. Users can engage in lending or borrowing by using their cryptocurrency assets as collateral, promoting liquidity and efficient capital use within the ecosystem.